Finance Minister Arun Jaitley dispels rumours of ‘GPS chip’ in Rs 2,000 note

"From where did you come to know this? I haven't heard of it," Jaitley said when asked if the Rs 2,000 currency note, being issued by the government, had a chip to enable its satellite tracking.

By: IANS

New Delhi | Updated: November 9, 2016 08:20 PM IST

1 min read

Finance Minister, Arun Jaitley, 2000 rupee notes, no gps in notes, 2000 rupee note GPS, demonetisation, curb black money, modi government, indian express news

</p><amp-img src="https://data.indianexpress.com/election2019/track_1x1.jpg" alt="" width="1px" height="1px" style="display:none;"></amp-img> Union Minister for Finance and Corporate Affairs, Arun Jaitley

Finance Minister Arun Jaitley on Wednesday dispelled rumours of the Rs 2,000 note having a ‘micro nano GSP chip’ to enable its tracking through satellite. “From where did you come to know this? I haven’t heard of it,” Jaitley said when asked if the Rs 2,000 currency note, being issued by the government, had a chip to enable its satellite tracking.

WATCH VIDEO: Government Says New Currency Notes In ATMs From November 11

According to the rumours doing rounds on the social media, the currency note carries a chip that makes it detectable when a pile is kept together, and it can be also tracked via satellite.Jaitley was talking to reporters in New Delhi a day after the government, in a surprise move, demonetised Rs 500 and Rs 1,000 currency notes.

Stay updated with the latest - Click here to follow us on Instagram

Tags:

﻿﻿ Finance Minister Arun Jaitley dispels rumours of ‘GPS chip’ in Rs 2,000 note

"From where did you come to know this? I haven't heard of it," Jaitley said when asked if the Rs 2,000 currency note, being issued by the government, had a chip to enable its satellite tracking.

Finance Minister Arun Jaitley dispels rumours of ‘GPS chip’ in Rs 2,000 note